Industries / Rental & Leasing Services
Industry
Rental & Leasing Services
Lease income, deposits, and depreciation follow specific rules. We handle withholding, DST, and clean lessor reporting, so your rental income stays compliant and easy to track.
The pain points we solve
- 5% creditable withholding on rental income
- Documentary stamp tax on lease contracts
- Security deposits and advance rent handled correctly
- Asset depreciation and per-unit profitability
What working with UPworth looks like
- Discovery (week 1). We map your transactions, BIR registrations, and current pain points.
- Setup (weeks 2–3). Chart of accounts, opening balances, document workflow, and any cleanup needed.
- Steady state. Monthly closing, BIR filings, payroll, and a 30-minute review call each month.
Run a rental & leasing services business?
Let's talk about how UPworth fits into your back office.